Recent exceptional positive changes in investment behavior have benefitted Rush Enterprises Inc (NASDAQ: RUSHA): its shorter term price trend turned up, and the stock’s recent price rise disrupted its longer term downtrend.
Rush Enterprises Inc (NASDAQ: RUSHA) has benefited from important positive changes in fundamentals: significant quarterly earnings acceleration occurred, and the consensus estimate for December, 2025 increased significantly.
In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
RUSHA is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Rush Enterprises has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Rush Enterprises has a slightly positive Power Rating of 63 and a slightly positive Appreciation Score of 70, resulting in the Positive Value Trend Rating.
Recent Price Action
On 7/15/24, Rush Enterprises Inc (NASDAQ: RUSHA) stock enjoyed a large increase of 3.3%, closing at $46.67. Moreover, above average trading volume at 143% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has risen 13.4% during the last week.
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